RWAY
Runway Growth Finance Corp.
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Last price
6.64
▲ 0.04 (0.61%)
MARKET · —
Price
Open
6.60
Prev close
6.60
Day high
6.68
Day low
6.57
Volume
502.02K
Market cap
$278.28M
P/E (TTM)
27.67
52W range
5.19 – 10.92
Trailing performance
Returnvs SPY
1W
-4.05%
-2.7%
1M
+21.39%
+17.7%
3M
+5.06%
+2.0%
6M
-19.52%
-30.6%
YTD
-25.64%
-37.9%
1Y
-37.48%
-57.5%
3Y
-47.88%
-122.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$278.28M
Enterprise value$961.30M
Revenue (TTM)$133.26M
Gross profit$133.26M
EBITDA—
Net income$7.76M
EPS (TTM)$0.24
Free cash flow$30.30M
Total cash$10.83M
Total debt$693.85M
Book value / share$11.91
Shares outstanding41.91M
Float—
Short % of float10.62%
Dividend yield19.88%
Beta (5Y)0.60
Valuation & profitability ratios
Trailing P/E27.67
Forward P/E4.96
PEG ratio1.16
Price / sales—
Price / book0.56
EV / revenue7.21
EV / EBITDA—
Gross margin100.00%
Operating margin84.24%
Profit margin5.83%
Return on equity1.55%
Return on assets5.54%
Debt / equity138.06
Current ratio1.07
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $137.33M | $144.63M | $164.21M | $108.55M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $34.05M | $73.61M | $44.34M | $32.25M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $34.05M | $73.61M | $44.34M | $32.25M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.29 | 0.43 | +48.3% |
| Mar 2026 | 0.31 | 0.29 | -7.0% |
| Dec 2025 | 0.35 | 0.32 | -7.4% |
| Sep 2025 | 0.39 | 0.43 | +10.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.34 | 8 | $37.91M | +3.2% |
| Next quarter | 0.33 | 8 | $37.73M | +25.6% |
| Current year | 1.40 | 8 | $142.02M | +3.4% |
| Next year | 1.34 | 8 | $149.30M | +5.1% |
Analyst targets & ownership
Mean target$8.04
High target$11.00
Low target$5.50
Implied upside21.02%
Analyst count7
ConsensusBUY
Strong buy / Buy0 / 3
Hold4
Sell / Strong sell0 / 1
Held by insiders1.07%
Held by institutions51.15%
Institutions holding117
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
-525.11K
Net selling
Buy transactions
7
35.00K shares
Sell transactions
1
560.11K shares
Net transactions
+8
Buys less sells
Sell : buy shares
16.0 : 1
Heavily one-sided
Insider-held shares
446.76K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 14, 26 | SPRENG DAVID Chief Executive Officer |
BUY | 1.00K | $6.89K | Direct |
| Aug 13, 26 | THOMSON CARMELA Chief Financial Officer |
BUY | 8.00K | $55.74K | Direct |
| May 20, 26 | SPRENG DAVID Chief Executive Officer |
BUY | 3.00K | $19.09K | Direct |
| May 20, 26 | RATERMAN THOMAS B Chief Operating Officer |
BUY | 10.00K | $64.36K | Direct |
| May 20, 26 | SPRENG DAVID Chief Executive Officer |
STOCK | 3.00K | $19.09K | Direct |
| May 20, 26 | RATERMAN THOMAS B Chief Operating Officer |
STOCK | 7.00K | $44.34K | Direct |
| May 14, 26 | RATERMAN THOMAS B Chief Operating Officer |
STOCK | 3.00K | $20.01K | Direct |
| Apr 9, 26 | CARLSON CAPITAL, L.P. Beneficial Owner of more than 10% of a Class of Security |
SELL | 560.11K | $3.69M | Indirect |
| Nov 17, 25 | OCM GROWTH HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 1.25M | $11.31M | Indirect |
| Aug 8, 25 | OCM GROWTH HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 500.00K | $5.40M | Indirect |
| Jul 1, 25 | OCM GROWTH HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 1.00M | $10.45M | Indirect |
| Apr 1, 25 | OCM GROWTH HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
SELL | 1.00M | $10.35M | Indirect |
| Dec 19, 24 | SPRENG DAVID Chief Executive Officer |
BUY | 1.00K | $10.34K | Direct |
| Nov 20, 24 | SPRENG DAVID Chief Executive Officer |
BUY | 8.80K | $89.61K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CARLSON CAPITAL, L.P. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
OCM GROWTH HOLDINGS, L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
RATERMAN THOMAS B |
Chief Operating Officer | 98.36K | Purchase |
SPRENG DAVID |
Chief Executive Officer | 235.88K | Purchase |
THOMSON CARMELA |
Chief Financial Officer | 12.84K | Purchase |
Moving averages & technicals
SMA 10
6.70
-0.94% from price
SMA 20
6.23
+6.60% from price
SMA 50
5.81
+14.36% from price
SMA 100
6.18
+7.50% from price
SMA 200
7.43
-10.67% from price
EMA 12
6.52
+1.82% from price
EMA 26
6.24
+6.37% from price
EMA 50
6.12
+8.52% from price
RSI (14)
60.6
Neutral
MACD (12,26,9)
0.28
Hist 0.02
ATR (14)
0.25
3.81% of price
Realised vol 30D
57.4%
Annualised
Bollinger upper
7.35
20, 2σ
Bollinger lower
5.11
20, 2σ
50 / 200 cross
Death
5.81 vs 7.43
Trend bias
Below 200
-10.67%
Risk profile
Beta vs SPY
0.70
Less volatile than market
Correlation to SPY
0.26
Largely independent
Realised vol 30D
57.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-51.7%
Peak to trough
Max drawdown 5Y
-64.4%
Peak to trough
ATR 14
0.25
3.81% of price
Beta (reported)
0.60
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.08
Call-heavy session
Put / call open interest
1.00
Positioning, not flow
Max pain
5.00
-24.7% from spot
ATM implied vol
58.6%
Nearest strike to spot
Skew (10% OTM)
+96.9%
Puts bid over calls
Call volume
13
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
5.00
10 contracts
Heaviest put OI
5.00
12 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Double-Digit Yields Come With a Catch: How to Pick the Right Venture Lending BDC
24/7 Wall St. · 2d ago
B. Riley Adjusts Price Target on Runway Growth Finance to $11 From $10, Maintains Buy Rating
MT Newswires · 9d ago
Runway Growth Finance Q2 Earnings Call Highlights
MarketBeat · 15d ago
Runway Growth Finance's Runway Growth Capital Unit Names Michael Rovner Co-CEO, Co-Chief Investment Officer
MT Newswires · 15d ago
Runway Growth Finance Corp. Q2 2026 Earnings Call Summary
Moby · 15d ago
Runway Growth Finance Corp. (RWAY) Beats Q2 Earnings and Revenue Estimates
Zacks · 16d ago
Compared to Estimates, Runway Growth Finance Corp. (RWAY) Q2 Earnings: A Look at Key Metrics
Zacks · 16d ago
Runway Growth Finance Corp. Reports Second Quarter 2026 Financial Results
GlobeNewswire · 16d ago
PRIVATE STRATEGY · BY QUALIFICATION
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